Credit Ratings

IssuerMoody’sS&P
Long Term RatingOutlookLong Term RatingOutlook
SingtelA1StableAStable
OptusA3StableA-Stable


Disclaimer

The above ratings on Singtel and Optus (with their related entities and affiliates collectively, the Singtel Group) have been issued by Moody's Investors Service, Inc. or S&P Global Ratings, a division of S&P Global Ratings, Inc., as applicable (each, a Rating Agency and together, the Rating Agencies). A rating is not a recommendation to buy, sell or hold notes issued on a standalone basis as described above or notes issued under the SGT EMTN Programme, the Optus EMTN Programme or the Optus AMTN Programme. Ratings are subject to suspension, revision or withdrawal at any time by the Rating Agencies. The Rating Agencies may also revise or replace entirely the methodology applied to derive the ratings. Moreover, no assurances can be given that a credit rating will remain for any given period of time or that a credit rating will not be lowered or withdrawn entirely by the relevant Rating Agency if in its judgment circumstances in the future so warrant or if a different methodology is applied to assign such credit ratings. Neither the Issuer nor the Singtel Group has any obligation to inform noteholders or update this website in respect of any such revision, downgrade or withdrawal of credit ratings. A rating opinion shall not be deemed as rendering advice on business operations. Any rating must be construed solely as a statement of opinion and not a statement of fact in relation to the notes, the Singtel Group or any other entity or otherwise in connection with any other matter. The Rating Agencies undertake no duty of due diligence or independent verification, and they do not guarantee the accuracy and completeness, of any information submitted to them and relied on in connection with their rating.

To the maximum extent permitted by the law, the Singtel Group and its associated directors, employees, agents, consultants and advisers exclude all liability for any loss or damage (including, without limitation, indirect, special or consequential loss or damage or any liability arising from any fault or negligence on the part of the Singtel Group or its associated directors, employees, agents, consultants and advisers or the Ratings Agencies) arising from the use of, reliance on, the above ratings, or any Ratings Agency's report, whether or not caused by any negligent act or omission.

For more information on the ratings, products and services of the Rating Agencies, including any updates to the ratings and/or ratings actions taken by the Rating Agencies, visit Moody's and S&P Global. The Singtel Group bears no responsibility for, is not endorsing, and disclaims any and all liability whatsoever and howsoever arising in respect of all content on the Rating Agencies’ websites.